Ebook Download The Reckoning: Financial Accountability and the Rise and Fall of Nations

Ebook Download The Reckoning: Financial Accountability and the Rise and Fall of Nations

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The Reckoning: Financial Accountability and the Rise and Fall of Nations

Ebook Download The Reckoning: Financial Accountability and the Rise and Fall of Nations

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Review

"The Reckoning demonstrates how financial transparency and accounting--essential for capitalism and our global economy--are linked with political transparence and accountability." ―Pittsburgh Tribune-Review"a dazzling book, rigorously researched and demonstrating an extraordinary scholarly range."―Literary Review (UK)"Soll's book is chock-full of valuable snippets of information."―Global Finance"Mr. Soll spices his story with big historical personalities.... [He] earns high marks for brevity...as well as for scholarship."―Wall Street Journal"[A] brilliant, deceptively brief book.... Soll pulls off the miracle of making his history not a monolith but a mosaic."―Los Angeles Review of Books"A history of accounting may not sound like an exciting read, but Soll spares us the details of double-entry bookkeeping and instead tells a series of engaging stories of well-known historical events.... I'd strongly recommend this book for the fresh insight it brings to familiar historical events, and for its author's ability to find the compelling human stories in the dry world of income statements and balance sheets." ―Andrew Blackman"Who would imagine that a history of accounting and double-entry bookkeeping could be so engaging? Yet in this concise, sharply argued book, Jacob Soll deftly examines and explains the remarkable impact that the practice of accounting has had on the rise--and sometimes the fall--of nation states." ―Jack Rakove, Pulitzer Prize-winning author of Original Meanings: Politics and Ideas in the Making of the Constitution"Who knew accounting was so interesting? Jacob Soll does, and in this masterful history of the men and women who have kept, and sometimes cooked, our books, he will convince you, too. The Reckoning does what the best history should: it piques our interest in accounts of the past so that we may better balance our own."―Darrin M. McMahon, author of Divine Fury: A History of Genius"Every student, teacher and practitioner of business or government should know this history of accounting, from its grounding in theology and philosophy to its central role in the rise of modern commerce, statecraft, and indeed, civilization itself."―Robert Bloomfield, Nicholas H. Noyes Professor of Management and Accounting, Cornell University"Many have long known, or at least suspected, that CPAs rule the world. The proof is here. The Reckoning is a tale of power, empire, art and culture--and of their half-hidden puppetmasters from the Roman Empire to the Gilded Age."―James K. Galbraith, author of The End of Normal

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About the Author

Jacob Soll is a Professor of History at the University of Southern California. The author of The Information Master and Publishing The Prince, Soll was awarded the MacArthur "Genius" Grant in 2011. He lives in Los Angeles, California.

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Product details

Hardcover: 312 pages

Publisher: Basic Books; 1 edition (April 29, 2014)

Language: English

ISBN-10: 0465031528

ISBN-13: 978-0465031528

Product Dimensions:

6.5 x 1 x 9.5 inches

Shipping Weight: 1.2 pounds (View shipping rates and policies)

Average Customer Review:

4.3 out of 5 stars

45 customer reviews

Amazon Best Sellers Rank:

#143,717 in Books (See Top 100 in Books)

Picked this up because Soll was my TA in a college course 15 years ago, and I've kept one eye on his writing. Also, as I've gotten older, I've become more interested in understanding why money does what it does, both in my bank account and the nation's. I don't know how many times I've sat across from my accountant, pleading with him to speak English, but as with doctors and car mechanics, that seems not to be one of the options, even when they try. So I had both high and low hopes for "The Reckoning." Both were exceeded, and with real substance and elegance both. I believe any subject can be gripping if the right person tells the right story in the right way, and this story was -- the only word for it is swashbuckling. "The Reckoning" is a rich, rich history, filled with the most incredible stories and personalities, and, ultimately, deep insight into how the world as we know it came into being. Soll is a great writer, a stylist with tremendous personality, and though I don't pretend to be able to evaluate his intellectual arguments, he convinced me that accounting sits at the heart of what modern states have to master in order to prosper and last. Even -- especially -- when you divorce the term from its first association, isn't account-ing -- accountability -- what we lack so dearly from our luminaries and leaders these days? There's a special pleasure to a book masterfully done, especially when you least expected it, especially in a subject you didn't know you cared about. Thumbs up.

This book tells the greatest stories on the evolution of accounting. All of the crucial people, all of the manipulation and missed opportunities were all told in an engaging style of writing, while slowly describing most of the functions of accounting. An observant reader with no prior accounting knowledge would eventually understand the basics of bookkeeping while learning who initiate the law and why he initiated it.The book is filled with stories of men like Luca Pacioli, whom considered as the father of accounting. He argued that the merchants is the key figure in a republic, because they "could count, calculate and manage abundances and war, famine and pestilence" and because "they were disciplined and vigilant managers of both business and government."There's also Robert Walpole, the First Lord of the Treasury, Chancellor of the Exchequer, and Britain's first Prime Minister that was probably the original Robin Hood, due to his reputation as a wily master of state finance.And then there's Frederick Winslow Taylor, whom revolutionized the industrial and labour efficiency, and inspired the making of Harvard Business School, inspired Henry Ford, interested by Stalin and Lenin, and admired by Hitler.But the best feature for me got to be the detailed stories of the great historical figures and how they use accounting as one of their success formula, From Cosimo de Medici, the Sun King and his finance minister Jean-Babtise Colbert, to Benjamin Franklin, to the founders of PriceWaterhouse, Ernst & Young, and McKinsey.Indeed, the book directly highlights how the discipline level of bookkeeping slowly became the core foundation for a businesses and/or nations, and can eventually make or break an empire. I never knew that accountants have such a central role in the world, as the impartial referee between business and government dedicated to numbers and orders.The author can also delightfully relate all the activities of the men who made and shaped the Renaissance, into the many paintings about them. And explains the paintings' rich back stories, the intentions, and even experts' interpretations of them.It's not easy researching how the big names in history deal with their accounting books. But yet the author can manage to find credible references for it and re-tell the facts in a good flow of writing that turn this "boring subject" into a very interesting narrative. 5 stars.

Confirms what we all suspect--we americans are too complacent about the economy and how it works and why accounting knowledge should be more universal. "The Reckoning" exceeds expectations with well documented information about how nations who understand accounting also understand more about the economy--and themselves ( since we all have to give an accounting of our lives as well). "The Reckoning" documents how nations that succeed financially don't do so automatically. Business acumen and accountability are linked and are not naturally understood. To understand, requires disciplining a nation's populace as to how, business, the economy and accountability work together to produce what we all desire: peace and prosperity. ssjackson.

I saw recommendations for this book online, but admittedly had low expectations when I started reading. A history of accounting sounds fuller than dull. But this book was absolutely great! The author did a terrific job of explaining how accounting has been woven into the cultures of the greatest civilizations and economies throughout history, and also highlights the devastating effects of accounting ignorance. The book has inspired me to try to learn more about accounting principles.

A good exploration of Accounting, good and bad going back through history, especially the start of Double Entry accounting in the City States of pre-Renaissance Italy. While the author can get pedantic at times, he gives good examples of Accounting done well and gone horribly wrong with disastrous consequences. I would have loved if the Author had explored some of the forces that led to the Lapses in Accounting but even more, the forces that have led to Accountants doing Good, Honest work and were honored for it. The examples given of the Good Accounting in Florence and Holland and their subsequent debacles were good as well as the failure in the Spanish Monarchy.For the reader, its a good primer, a good introduction on the importance of Accounting in Government and Politics but don’t expect more than a good introduction and I think you will be happy with this book.

My husband loves this book. It was a gift for him. Has a lot of history in how successful nations of the past handled financial accountability during their reign.

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